The Conference of the Parties, meeting in the Persian Gulf oil state of the UAE, have reluctantly agreed to move away from fossil fuels, but the Canadian delegation’s efforts to push that agenda don’t sit well with Alberta. [Gas in Transition, Volume 3, Issue 12]
U.S. oil and gas drilling has slowed in response to the fall in prices over the last 18 months, but that has not yet translated into slower production, keeping prices under pressure.
Norway s government on Wednesday said it would appeal a court s decision to invalidate three permits that the energy ministry had granted for the development of new offshore oil and gas fields.
The U.S. Federal Trade Commission (FTC) has asked for more information on Occidental Petroleum s $12 billion deal for Permian-based producer CrownRock, the firms said on Monday, making it the latest big oil merger to face increased scrutiny.